Brazil back in business as LatAm ploughs deeper

The Brazilian sovereign continued a busy period for the country’s issuers with a tap of its existing 30 year bonds on Thursday as bankers said that borrowers from the country were rushing to issue ahead of elections later this year.

By Oliver West

18 Jan 2018

“Brazil supply was going to be all about front-loading this year and conditions are perfect for it,” said one banker at a Brazilian bank. “Rates are low but Treasury volatility is always a risk, so given February is always interrupted and later in the year we have elections,
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